On the Ball Pty Ltd manufactures footballs. Its fixed costs per month are $75,000, and its raw materials costs are $60 per finished ball.
Required:
1. Draw a graph of the firms raw material cost, showing the total cost at the Following production levels: 10,000 units, 20,000 units and 30,000 units.
2. Prepare a table that shows the unit cost arid total cost of raw material at the following production levels 10000 units, 20,000 units and 30,000 units.
3. Draw a graph of the company's fixed production cost showing the total cost at the following production levels: 10,000 units, 20,000 units and 30,000 units.
4. Prepare a table that shows the unit cost and the total cost for the firm's fixed production costs at the following production levels: 10 000 units, 20 000 units and 30 000 units.